Michael De La Broc -Buhanka Watch

Even Westiggers still buy oil from Ziggers.

Yes, but what is the end profit for the Russian producer when you factor in the sanction running and effort to hide and mask the source of it by going through 3rd/4th parties? India has a growing and vibrant petrochemical industry, amazing for a country with little to no domestic reserves, but makes sense when you realise the Russians are paying and subsidising it

Sell resources to the first world Sell arms to the third world Economic model they ran for 2+ decades might have worked well for the state budget when there was high demand for Russian hydrocarbons, but it has created a Dutch disease on steroids scenario

Private sector would have difficulties to start since the sanctions actually block them from west resources and market and only thriving on local market A.K.A. Closed economy Soviet Style. However I can see the military expenditure would at least stay high after the war since they are preparing for "invasion" of NATO forces

Well the first step would be building up and sustaining a somewhat thriving domestic market You'd have thought the vacating of the market of all the western companies would have opened up large opportunities for Russian business, but outside of a few select and high profile examples, most of that market share was willingly taken over and monopolised by mostly Chinese businesses and concerns. There is very little commercial innovation in the Russian economy/industrial sector, so I don't see, how outside of raw materials and maybe some secondary industrial products, and the arms industry (which is already spiralling out of the global arms market), what Russia aims to export and cultivate new markets with That's not to mention how they would recapitalise any commercial or industrial concerns to remain competitive in the face of sanctions and remain both competitive, but also profitable with out state subsidy

surely GDP is a BS number, still, all the rest being equal, look at western GDPs and without even being in a war. plus. russia has a very low debt. as for "closed economy" Michael is snorting something poisonous. russia is trading with everyone except western countries.

>trading with everybody >having to sell oil at below market rates to India and China because they know they have a commercial advantage over you and need to shift your stock some how Tho got to give it to you Gian, apart from your dodgy stance on downloading child porn, you are one of the more articulate Russian shills who remain

Served them right, they trusted a turkroach

This is a point a lot of people who keep trumpeting how Russia is experiencing economic growth, despite sanctions. They ignore that that economic growth is almost entirely down to state actions, the public sector and the war economy. When the war ends, a lot of that state funding and stimulus will stop, and that is when we will really see how robust the Russian economy is. They could prolong the state stimulus by shifting from armaments to a reconstruction economy directed at large state modernisation and infrastructural projects and rehabilitation of the newly acquired lands in (former) Ukraine, but with out a vibrant and innovative private sector that isn't oligarch dominated, Russia is just creating the late soviet economy, but with some extra steps. Cutting small and medium business taxes, grants for entrepreneurs, actual anti corruption policies, would be a good start at encouraging the private sector Or better yet, offering $75,000 worth in state grants for Russian women to have kids